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Lincoln MKX Lease Questions

169 messages,  Last post on Oct 23, 2009 at 2:29 PM

You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx

What is this discussion about? Lincoln MKX, Car Leasing, Car Buying, SUV


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#50 of 169
Re: June Lease Rates - Anyone have? [mistereed] by Car_man HOST
Jun 21, 2007 (2:10 am)
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Replying to: mistereed (Jun 07, 2007 10:26 am)

Hi mistereed. Ford Credit's base lease rate and residual value for a 36 month lease of a 2007 Lincoln MKX (non-Ultimate) with 12,000 miles per year are 1.5% and 52%, respectively. The numbers for an otherwise identical 39 month lease are 1.75% and 50%. If you were to lease this truck with only 10,500 miles per year, its residual values would be 1% higher. When negotiating your lease on this truck, make sure to take the $1,000 lease cash that Lincoln is providing on it into account. It will help you to negotiate an attractive capitalized cost for your lease.
 
Car_man
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Prices Paid Forum
#51 of 169
Re: June Lease Rates - Anyone have? [Car_man] by ridge2
Jun 21, 2007 (6:43 am)
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Replying to: Car_man (Jun 21, 2007 2:10 am)

I don't understand the numbers that are presented don't seem to jive with what I was told by the dealership at the time of leasing - but I believe I got a very good deal with a 39 month lease for $431 a month with 12 miles per year, and no additional money down but the rebates and a cash promotion of $1000 that was given to me by the Ford Motor company. But they told me the residual was 49%
#52 of 169
July Lease Rates - Any updates? by prairiecritter
Jul 08, 2007 (5:58 pm)
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This site is awesome...and this is my first post! While my eyes have been opened wide with great information, I'm embarassed about all the money I've wasted over the years, due to my lack of education about leasing!
 
(But on to business) Does anyone have updated lease rate information for the MKX? I'm looking at an MKX AWD with the Ultimate package. I'm probably most interested in a 36-month lease with 12k miles/yr, but would consider a 10.5k/yr lease, depending upon how the rates shake out.
 
I'd appreciate any guidance you can give me...thanks so much in advance!
#53 of 169
New July Lease Rates by hardhawk
Jul 09, 2007 (7:12 am)
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Car Man:
 
Can you post the lease rates and residuals for the 2007 MKX Ultimate both AWD and FWD for 36 and 39 month leases with 12000 miles per year? The information was supposed to change today. Thank you.
#54 of 169
Leasing in NJ by tadboys
Jul 09, 2007 (10:31 am)
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Can someone please tell me if this is a good deal?
36 mos. lease with 13,500 miles/yr. allowance, cash due of $1,200 and trade-in of $16,000 on a Lincoln MKX AWD ultimate demo model with 5,500 miles:
List Price 40,725
less Cust. Disc. 3,245
Selling price 37,480
less Trade-in Value 16,000
Trade Diff. 21,480
+ Sales Tax 1,511
+ Doc. Fee 197
+ Motor Vehicle Fees 351
      Sub-total 23,536
less Lien Payoff 16,000
Sub-total 39,539
less MFG Rebate 3,000
Total Purchase Price 36,539
 
Summary Lease Numbers:
36 mos. at $475.87 a month with residual value of $20,362.50
 
Thanks, in advance.
#55 of 169
Re: Leasing in NJ [tadboys] by prairiecritter
Jul 09, 2007 (12:01 pm)
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Replying to: tadboys (Jul 09, 2007 10:31 am)

I'm not qualified to answer your question, tadboys, but I had a question about where you came up with $3,000 MFG rebate. I just re-checked their website, and am only seeing $1,000 RCL rebate. Are there others (regional?) that I'm not aware of? Thanks!
#56 of 169
Re: Leasing in NJ [prairiecritter] by tadboys
Jul 09, 2007 (12:18 pm)
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Replying to: prairiecritter (Jul 09, 2007 12:01 pm)

The number was given to me by the dealer. Yah, I went to the showroom expecting the $1,250 RCL cash offer...
 
Anyway, I don't know if including the trade-in value of my current lease is better, or if I should just take the early termination discount (up to 3 last payments) and consider a brand new lease of a Lincoln.
#57 of 169
July Lease Stats by aepheme
Jul 10, 2007 (9:40 am)
Reply
Heard back from a Ford/Lincoln/Mercury dealer today:
 
MKX AWD 24mos/12k lease
$1750 rebate
APR of 0.25%
Residual of 61%
#58 of 169
MKX new lease program by timothy2001
Jul 11, 2007 (7:56 am)
Reply
Looking for the rates and residuals for the new lease programs that came out yesterday. I someone can post them for 36, 39 and 48 months.
 
Thanks very much.
#59 of 169
Re: Got my Lincoln Saturday [jak51] by ka2
Jul 31, 2007 (10:27 am)
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Replying to: jak51 (Jun 06, 2007 5:28 am)

HI We are looking to buy the MKX liked it but were bothered by the road noise- I was wondering if the OEM tires you mention cut down on that at all? The one we tried had Michelans. If anyone knows of quieter tires that don't make you feel every road bump could you share your experience -thanks

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